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Iris Clothings Ltd share Price Today

Company details

73.65
75.40
61.80
110.90
6M Return -1.14%
1Y Return 19.58%
Mkt Cap.(Cr) 602.81
Volume 64,706
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 64,706

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Iris Clothings Ltd shares SWOT Analysis

Strengths (3)

  • Book Value per share Improving for last 2 years
  • Company with Zero Promoter Pledge
  • Recent Results : Growth in Operating Profit with increase in operating margins (YoY)

Weakness (2)

  • Declining Net Cash Flow : Companies not able to generate net cash
  • Weak Momentum: Price below Short, Medium and Long Term Averages

Opportunity (0)

Data not found

Threats (3)

  • High PE (PE > 40)
  • Increasing Trend in Non-Core Income
  • RSI indicating price weakness

Resistance and support

R1 75.0
R2 76.1
R3 76.7
Pivot

74.32

S1 73.2
S2 72.6
S3 71.5
EMA SMA
76.2
78.9
80.2
78.5
77.1
80.5
81.0
82.7
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
MADHU RATHI Bulk Sell 2023-12-12 72.31 800000 NSE
NATHKRIPA TRADELINK PRIVATE LIMITED Bulk Sell 2023-12-11 70.46 500000 NSE
SHREEJI WEALTH MANAGEMENT PRIVATE LIMITED Bulk Sell 2023-12-11 70.39 497500 NSE
Name Category Shares
GEETA LADHA PROMOTER 47.58%
SANTOSH LADHA PROMOTER 8.07%
BALDEV DAS LADHA (HUF) PROMOTER 4.46%
BALDEV DAS LADHA PROMOTER 4.09%
SANTOSH LADHA HUF PROMOTER 4%
KAMALA DEVI LADHA PROMOTER 2.68%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Iris Clothings Ltd Stocks COMPARISON

Financials( in Cr) Iris Clothings Ltd Grasim Industries Ltd Trident Ltd Welspun Living Ltd Alok Industries Ltd
Price 73.90 2,287.30 36.55 137.60 25.85
% Change -1.27 3.62 -0.81 0.22 -0.96
Mcap Cr 602.81 155,654.42 18,625.72 13,372.08 12,835.15
Revenue TTM Cr 113.00 117,627.08 6,332.26 8,093.76 6,937.29
Net Profit TTM Cr 8.26 11,078.20 441.61 202.51 -880.46
PE TTM 55.86 25.83 44.40 20.21 0.00
1 Year Return 19.58 40.80 44.75 112.67 122.84
ROCE 16.38 9.04 11.89 5.91 0.00
ROE 15.64 14.35 10.99 5.03 0.00
INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 56.95 Cr FV: 2.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 29,068.81 33,709.58
LAST 3M 68,518.10 30,558.15
LAST 6M 130,081.93 64,349.19
LAST 12M 189,941.35 208,211.24

Iris Clothings Ltd Information

Stock PE (TTM)
55.86
Promoter Holding
70.94%
Book Value
7.8165
ROCE
16.38%
ROE
15.64%
Description
  • Iris Clothing Limited was incorporated in August 27, 2011 as a Private Limited Company under the Companies Act, 1956 at Registrar of Companies. Kolkata. The Company was later on converted into a Public Company effective from July 24, 2018. The Company is engaged in manufacturing & trading of readymade garments. The Company is amongst the only few ready-made stylish and branded kids` wear manufacturer in India. The products are sold under the `DoReMe` brand, which is steadily gaining increased acceptance in the retail stores given its high-quality, stylish range of collection and ability to continuously launch new products. The Company is a fast-growing readymade garments company with presence in 26 States and having over 100 distributors. It is engaged in designing, manufacturing, branding, and selling garments for kids` wear in India. It manufactures a broad range of apparels for infants, toddlers, and junior boys and girls that suit both indoor and outdoor requirements. A new and developing competitor in India`s burgeoning fashion trade, the Company pursue to depict the movement of consumers developing increasingly in sync to fashion and brands. The Company has integrated operations from design conceptualization to manufacturing. It has 9 state-of-the-art facilities in Howrah, West Bengal. The Company has fully automated plant equipped with sophisticated imported machines for best quality. The Company has deep relationship with suppliers leading to availability of quality raw materials at competitive costs. This facilitates effective inventory management and ensures quality and on-time delivery of products. The Company has 104 distributors supplying products to retailers across the country. The Company has online presence in FirstCry and Hopscotch among others. The Company has apparels made of superior fabric quality. The Company has commitment to quality and reliability; adherence to high quality standards with quality checks. The Company remained responsive to the market needs launching several products in line with the basic trend including new segments in T-shirts, shorts, joggers and leggings by using a new range of fabrics and adding innovative printing techniques. It also added new categories of padded suits for infants, printed leggings for girls and sweatshirts for both girls and boys. The Company rallied to explore prospects across domestic and export markets and accordingly implemented accelerated marketing strategies. Measures like distributing notepads, pens, bags and other merchandise to distributors and retail partners were undertaken to increase brand presence. In the domestic market, the Company deepened penetration by entering new tier II and III cities across Uttar Pradesh, Maharashtra, Gujarat, Chhattisgarh, Rajasthan and Jharkhand. Its distribution network was also strengthened by adding ~20 distributors and ~400 retailers. In the exports business, which is originated primarily in Africa, the Company marked presence in Nigeria by adding new customers. The Company is now present in Mozambique and Nigeria and plans are underway to increase its stronghold in these regions.

Registered Address

103/24/1 Foreshore Road, Binani Metal Compound, Howrah, West Bengal, 711102

Tel : 91-33-26373856
Email : itsladha:irisclothings.in
Website : http://www.irisclothings.in
Registrar

Cameo Corporate Services Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 2
Market Lot Equity Shares : 1
BSE Code : 535123
NSE Code : IRISDOREME
Book Closure Date (Month) : Sep
BSE Group :
ISIN : INE01GN01025

FAQ’s on Iris Clothings Ltd Shares

You can buy Iris Clothings Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Iris Clothings Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Mar 28, 2024 03:45 PM the closing price of Iris Clothings Ltd was ₹ 73.90.

Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Mar 28, 2024 03:45 PM, the market cap of Iris Clothings Ltd stood at ₹ 602.81.

The latest PE ratio of Iris Clothings Ltd as of Mar 28, 2024 03:45 PM is 55.86

The latest PB ratio of Iris Clothings Ltd as of Mar 28, 2024 03:45 PM is 0.10

The 52-week high of Iris Clothings Ltd share price is ₹ 110.90 while the 52-week low is ₹ 61.80

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